What Is Advanced Analytics

question 97

Multiple Choice

What is advanced analytics?

• A)A collection of large, complex data sets, including structured and unstructured data, that cannot be analyzed using traditional database methods and tools.
• B)Processes and manages algorithms across many machines in a computing environment.
• C)Focuses on forecasting future trends and producing insights using sophisticated quantitative methods, including statistics, descriptive and predictive data mining, simulation, and optimization.
• D)Extracts knowledge from data by performing statistical analysis, data mining, and advanced analytics on big data to identify trends, market changes, and other relevant information.

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Definitions:

Minority Groups

Social groups that are differentiated from the societal majority through distinctive cultural, ethnic, racial, or religious characteristics and often face disparities in power and resources.

Mortality Rates

The measure of the number of deaths in a particular population, scaled to the size of that population, per unit of time.

Immigration

The process of moving to a new country or region with the intention of settling and living there.

Birthrate

The rate at which births occur in a population, typically expressed as the number of births per 1,000 people per year.